Fanatics Closes Part of $225 Million PointsBet Deal
“Get it done before the NFL season.” Every year, that’s the unofficial mantra for many U.S. sportsbooks launching new products or new features. The long-awaited…
Pointsbet
Fanatics Raises PointsBet Offer to $225 Million as DraftKings Steps Aside
The brief fight over the future of PointsBet’s U.S. business appears to be done, after Fanatics submitted a revised $225 million offer, a 50% increase over its original…
DraftKings Submits Proposal to Buy PointsBet’s U.S. Arm
DraftKings (NASDAQ: DKNG) has submitted a proposal to acquire PointsBet’s U.S. branch for $195 million in an all-cash transaction, putting it in competition with…
Fanatics to Buy PointsBet’s U.S. Arm for $150M, to Boost Betting Push
Fanatics has reached an agreement to purchase PointsBet‘s U.S. business for $150 million cash, a deal that will accelerate the company’s own push into U.S. sports…
Opinion
Why I’m Suing Army for Its Public Athletics Records
In December, Rep. Mike Gallagher (R-Wisc.) created a stir when he introduced an amendment to the latest defense authorization bill that would have reversed the current…
Sporticast: Organic Tomatoes and Odds Pricing With PointsBet’s Johnny Aitken
On the latest Sporticast episode, hosts Scott Soshnick and Eben Novy-Williams speak with Johnny Aitken, CEO of PointsBet’s U.S. operations, about America’s growing…
Susquehanna Bets $65M That Superior Pricing and Product Will Win in Gaming
Susquehanna Investment Group (SIG) recently took a $65 million position in PointsBet Holdings. SIG Sports, a division of the global quant trading firm, will control…
Susquehanna Makes $65 Million Wager on PointsBet
Finance giant Susquehanna has purchased 12.76% of PointsBet, making it the gambling operator’s largest shareholder. PointsBet will issue 38.75 million new shares to SIG…
Opinion
U.S. Open Showcases Golf’s Drive to Innovate in Sports Betting
Today’s guest columnist is Johnny Aitken, CEO of PointsBet USA. After coming off the high of the 86th Masters, marked by the triumphant return of Tiger Woods to Augusta…
Maryland, PointsBet Sign Latest NCAA Sports Betting Partnership
The University of Maryland has entered into a multi-year sports betting deal with PointsBet, the latest partnership between a sportsbook and a top-tier college sports…
Sports Betting Correction Sees Investors Shift as Market Matures
U.S. sports betting stocks have struggled for most of 2021. DraftKings (Nasdaq: DKNG), Penn National Gaming (Nasdaq: PENN) and PointsBet Holdings (OTC: PBTHF) are all…
New York Taps Nine Firms for Mobile Sports Betting at 51% Tax Rate
The New York state gaming commission has recommended that nine sports betting operators, including DraftKings, Caesars, FanDuel and BetMGM, receive mobile licenses to…
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